
5 September 2024 | 2 replies
After paying closing costs, title fees, appraisal, origination, underwriting, processing, legal and other fees, the typical refinance costs about 1.75 - 2.5% of the loan amount just in closing costs (obviously before people yell at me, this varies drastically by state, but having done loans all over the country I find this to be a pretty accurate estimate). 2) Keeping the average 2% cost in mind and the fact that people typically refinance when rates drop about .75% - 1% or more, I wanted to see if paying an extra point now when I was already paying all the closing costs to buy the rate down made sense. 1 point can get you between .5% - .625% off the rate depending on the days pricing and the coupon you are pricing.

4 September 2024 | 2 replies
Key Benefits: First-Year Additional Deductions: The cost segregation study enabled the property owner to claim an extra $215,000 in deductions during the first year.

4 September 2024 | 9 replies
In my experience, the 2 inch blinds last longer, look way better and are worth the extra $$.

4 September 2024 | 3 replies
This extra scope of work make it over budget and start eating profits.

6 September 2024 | 28 replies
You could also airbnb your unit when you are traveling to make extra money

6 September 2024 | 9 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

5 September 2024 | 4 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

3 September 2024 | 9 replies
Also, their taxing system was difficult. I

5 September 2024 | 35 replies
I would need to use it as a STR part of the time to help cover the costs and for tax purposes, but I'm not really looking forward to "operating a STR business" and don't need a lot of extra cash flow (I have W2 job that I truly enjoy).

4 September 2024 | 10 replies
Sometimes tenants want extra TI on new development than is standard so developer gets them to start out at inflated rent.